RE:RE:RE:RE:RE:RE:Oil is the new tech in 2022.Lol. I've watched you post stuff like this since $0.45. Just imagine if you had bought shares at that price instead of trying to push the share price down on these boards all that time. Nearly a 10 bagger, but instead you try to short for merely a small percentage gain - maximum of a double if you are lucky which unlucky for you, unlulcky, you are not.
I feel really bad for you. Think about the hundreds of thousdands of dollars if not millions you could have had buying at $0.45. It must hurt so bad to see this share price after knowing about this stock at such a deep value price and have missed out on a once in a lifetime opportunity.
Remarkably, it's still early innings for this oil rally. So it's not too late for you. But you won't buy any. I gave you this same advice at $0.98 last year at this time. I said that you could have already had a double and you should just join the right side of the trade because its going higher. You said that we would see $0.50 before $1.00. Then when we hit $1.25 you said we would see $1 before $2. Wrong every step of the way.
Painful stubborness. I look forward to having the same conversation with you at $7.
Unlucky wrote: Very alarming and disconcerting seeing such price predictions. $80 oil for the entire year is about a dollar a share in profits, or free cash flow. That's a $5 stock at the current p/e ratio of about 5. You are effectively doubling the stock for no apparent reason. Your argument should be the market will finally see intrinsic value in oil stocks and will bid them up but an $80 oil price for the year gets us to $5. You are doubling something that isn't there based on the numbers. Even $100 oil only gets you to $7.50 so $10 is just a wild prediction and maybe you would have to see sharebuybacks first before any such case could be made. There has to be a major event to get oil up to $125 a barrel and only then can you start talking $10. Oil slammed past $80 today and we are barely above $4. We all saw what happened when oil went back to $70.